We expect growth to 1.5552
17 September 2015, GBP/USD
The daily chart: an impressive breakthrough to the upper envelope, but it happens with weak ADX, that casts doubt on ability of bulls to move on to the upper Bollinger band (1.5770).
Н4: here ADX parameters are active, so we expect growth to the resistance 1.5625 and possibly to 1.5770.
Н1: intraday range 1.5440-1.5552.
Expectations: so, we're waiting for growth to 1.5552, with a possible pre-pullback to the support 1.5440.
solutions: We buy from 1.5440 to 1.5552.
Aleksey PanasenkoAnalyst of «FreshForex» company
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